or look at how well the workplace is organized everything's done to make sure the workers don't waste time waiting there was production is booming in the factory has largely managed to get on to civil rails these giants are sold around the globe here base a brand new car waiting to be delivered to a client for seventy trucks like this one roll up the plants conveyor belt every day look at this things that absolutely huge. well i'm no formula one pilot but hopefully if i can get that. far to try. to get one of these to travel to work every morning what's with the cost of about forty thousand dollars i should start saving money.

it's now a four thirty pm on sunday here in moscow this is r t and these are all brand new studios here president vladimir putin has announced a crackdown on corruption in the country saying that no official or politician will be able to rest easily put and focus on problems at home as he spoke to lawmakers for the first time since returning to the top job. was there to listen to exactly what the president had to say. several years ago when former president medvedev addressed russia's lawmakers this signaled major constitutional changes for the country with the presidential term being extended to six years this time when president putin delivered his first annual address after returning to the kremlin for the third time it ran no major sensations nor political changes but at the

same time this speech was even more significant as some have already said that many others before this time put in barely spoke about any foreign policy issues the main focus was on domestic problems in russia and there have been plenty according to russia's president in fact he started his speech by saying it is now or never as the world is going through a crisis russia must stand up to all these challenges and the first and the most correct way to do that is to invest in two youths not richard is the that's the clear as of today the percentage of healthy active able bodied people in russia aged between twenty to forty is one of the highest in the world twenty years' time this economically active population could shrink by fifty percent or less we do something this trend will continue but you either we provide jobs give opportunities to create business build families raise children be happy really just a few decades russia will become

a poor country populated by an elderly generation incapable of preserving its own territory. but the biggest issue dragging russia backwards for the past several decades has been the corruption among the higher echelons of power and that is why the largest chunk of putin's speech was dedicated to this problem and the president came up with some very tough rhetoric and heard in all twelve years putin has been in politics in russia no wonder it seemed at times that putin was not addressing the whole russia and not for the whole world to see what he directed a stern warning to those. sitting in front of him. for that which you know how can people trust an official report issued who talks a lot about the good of russia at the same time tries to take his money out of the country i ask you to support the bill to limit the amount of foreign accounts and staunch that officials and politicians can. give you.

don't applaud yet maybe you would like everything i have to say but even put in we'll be holding an annual press conference for the world media and the eyes of the entire planet will again be on the russian president let's see russia. reporting from inside the kremlin far less given to where they are to the world are dead now and some other global headlines for you in brief let's kick it off now with live pictures from madrid where a thousands of medical workers are marching against plans to privatized hospitals and the government insists it's all part of the austerity measures needed to pick the country up for a deep recession austerity is biting harder in spain where half of all young people are unemployed spain has a debt of one hundred forty five billion euros but is trying to avoid following week eurozone members on the bailout path again those are live pictures for you here on r.t. from madrid. and at least one policeman in five militants have been killed in

a shootout in pakistan a gun battle ensued as authorities surrounded a house containing insurgents believed to have been involved in an earlier attack that saw men armed with rocket son's suicide vests trying to penetrate a military facility at an international airport on saturday four civilians killed more than forty injured in that raid while five attackers also died. all the names of the victims of the u.s. elementary school massacre in connecticut have been released to twenty children gunned down in a shooting spree were aged between six and seven but the attacker identified as twenty year old adam lanza shot dead his mother at home before going to school to carry out the massacre and he eventually turned the rifle on himself and now a memorial service for the victims has been held while flags flew at half mast in washington. general parliamentary voting in japan is finally over with former leader shinzo challenging the current prime minister exit polls suggest the ruling

democratic party will be ousted three years after it came to power in the majority of seats will go to the opposition party which previously ruled japan for almost half a century however surveys have shown that many people remain undecided on the eve of the election that concerns have been raised over the conservative party's come back with fears of their leaders close ties with china amid ongoing territorial tensions. now the un a nuclear watchdog says it expects to reach a deal with iran that mixed month to visit one of the country's military sites suspected of nuclear weapons related research the inspection of the parchin site is seen as crucial in resolving iran's nuclear stand off world powers fear the country could be seeking to build a nuclear bomb that is a charge that tehran continues to deny now artie's maria financial reports now on how iranians feel about the nation's standoff with the west. three decades of pride

followed by three years of mourning when a man siri met her future husband a young physicist she immediately knew he'd come a long way indeed he went on to become one of iran's leading nuclear scientists until it all ended one sunny morning in january two thousand and ten. there was a reason you left the war and then i heard a terrible explosion i rushed to see what happened and he was lying like this. i called must must must. must i thought he was just scared then i turned to him there was no face just blood in tissues he was the first victim in a gruesome trend associated with his work since two thousand and ten at least three other nuclear scientists have been murdered in iran doesn't want me they were working hard so their country didn't need to beg other nations for no house we have

the right acquires this knowledge and feel independent very nice when men series husband began embarking on his nuclear career it was not a life threatening occupation in the seventy's western countries were rigged to help iran develop its own nuclear program supplying it with technology with no strings attached that changed when the iranian regime deed was earlier seen as inalienable right came its biggest liability emboldened in its pursuit of nuclear weapons billions of dollars have been pumped into the industry before the revolution at the time of the shah why should they give up now just because western powers say sun while iran's nuclear program is now a target of western political discourse there is only suspicion and no internationally recognized evidence that a country's moving towards build an atomic weapon iranian officials believe all this tension is fabricated with the same purpose to demonize them in the eyes of

international community if you have knife in your kitchen and some of the recent concert contour. or knife is very dangerous. maybe you want to use it to from some. this is very. george king idea the perceived fear is that the iranian regime can't be trusted with a nuclear capacity but even those who want to take to change of leadership seat should be non-negotiable for the country i did not really sure has come right here on the national. mall for many years and yet i was. kind of drago me here on. t.v. when you. want to watch from the south i'm device which is preventing. the blast that killed one serious husband was seduced shown that the clock in the living room stopped at the time of his death both the west and iran are equally

failing to move forward and while the west is only dangerous intentions people here in iran believe it's all down to pride and prejudice right now r t from tehran. or in just a few minutes here at r.t. we talked to the u.k. minister for trade and investment about of lord green and what about the future of cross sector cooperation between e.u. members this is artsy. it's perched atop a jaw drop and the view from the ball scrubland stretches as far as the eye can see up for a city that siberia for centuries. it lost its economic importance even before it was bypassed by the chance i bear in railway but the ball's cremains a spiritual center.

things like these are a yearly occurrence thousands of all the docs worshippers themselves and blessid will to commemorate the baptism of jesus. in the fifteen eighties the russians had only just conquered siberia taking it from the muslims. surrounded by enemies the balls to be their stronghold constructed on top of the city but soon enough it became an economic hub siberian oil of its time bringing in a third of all russia's state revenues put the ball location head of the says for the russians are the russian crowds who lead a revolt against the czar and eight hundred twenty five known as the decembrists will stand here in droves there they created a replica high society adopting the latest fashions as soon as they came out or at

least once they made it from paris to siberia. but the city also served up some bit of irony for the russian royal family after the bolshevik revolution. this is the office where the solemn nickel is the second spend most of the last year of his life his whole family had been exiled here and they lead a fairly comfortable existence this was a big house but they weren't allowed to see visitors or go outside themselves whilst leaving this ordinary normal countryside lifestyle they even had thoughts of escape but within the year the czar and his family would be dead. from fears to tears europe is in the midst of

a depression officially the latest data shows that the seventeen member eurozone will end the year in a recession its second since two thousand and eight the second and third quarter g.d.p. was below the line and the massive social unrest that swept across europe in recent months underscores the point europe needs a savior and leading economists say it could be britain goldman sachs estimates that it will be europe's biggest economy within four decades with one of the world's wealthiest populations the health of the so-called single market already largely depends on the u.k. and vice versa but at the moment britain itself is feeling the pinch of the downturn at home we live with a decade of debt and the failure to great britain to compete in the modern world while britain is actually not a member of the eurozone it should try and play an increasingly important economic rule in the world's most integrated market of five hundred million people that's

according to lord green the u.k. minister for trade and investment britain is in the process of rebalancing its economy one of the things we learned from the financial economic crisis was that we have been growing too much on the basis of consumer demand filled by debt and now our task is to encourage more and more companies to get into the international markets in other words to find a growth formula that's based more on trade and stronger investment what price is the u.k. paying for what some call to close of a relationship with the rest of the european union i don't think we pay a price for that actually i think the benefits of the single market are very considerable it's very important for us to recognise that the single market is a market of five hundred million people it's a relatively prosperous market it's the world's most integrated market and a great deal has already been achieved which enables companies to trade seamlessly across borders but it's not perfect yet and indeed one of the key preoccupations. the british government will be to press for full implementation of the single

market in the coming years what are the downsides are there there must be some downsides as well we don't think there are a downside of single market because we do believe in open trade we believe that. the more the market is genuinely borderless the more companies can trade across different markets access different pools of demand and we believe that's beneficial to the economy we believe that that would unlock significant growth within the european union these so-called euro skeptics they would of course argue that. the brussels strips the e.u. countries not only of their economic independence but also their political sovereignty what's your what's your take on that well i think it is a very very intense debate of course now because of the moment we just had the the the summit on the budget but actually the from my point of view this is looking at trade and investment and what creates jobs we need to focus on the five european union is a large single market five hundred million people it is the biggest one in the world and the opportunities within it are enormous which is why i encourage british

companies to look at the opportunities there it's why i asked for a booster spend time in brussels for fuller implementation of the single market i was also by the way for free trade agreements around the world with european union part of the markets can the u.k. opt out of the european union are politically while staying very closely integrated economically it's not part of this government policy it walked out of the european union we're not a member of the european of the euro zone that's clear and we believe we have a good and sound reason for not being a member of the euro zone we are of course affected by what happens in the euro zone because something like forty five our exports over forty five percent of our exports go to the euro zone but the european union as a whole is a large single market and we believe there are many benefits from it and yet david cameron is rejecting the so-called e.u. fiscal pact what's going to be the consequence. so that rejection how do you see that develop all the physical part has to do with the euro zone and we're not

a member of the euro zone and i do not intend to become a member of the euro zone so i think it's important to distinguish between what needs to be done by the eurozone members to stabilize the euro zone and find its way through some of its difficulties and the wider objectives of the european union as a whole which focus very strongly from an economic point of view on the single market and what do you think needs to be done by the e.u. members to to tackle the issues that they're dealing with now you need to buy the single market or about the reserve it is very important distinguish between listing i am talking about the eurozone and the problems that that is currently facing throughout the euro zone and this is the euro zone is seventeen member countries and we would believe that it is important to increase the degree of fiscal coordination to move towards banking union and to generally stabilize the markets within the euro zone but also we're not a member of it and it is for the eurozone members to address the problems we are clearly interested to keep that should happen because as i say we are part of

a trading block which includes the euro zone forty five percent of our exports go to the euro zone but in your opinion is the exit of some my eurozone members and habitable at this point you know so you know so you don't believe that greece is going to leave the euro zone in the near future but no i don't i think the years i will find its way through to a stable resolution in which the financial system is robust which only which growth will slowly build up but this does require addressing some particular issues about competitively of different markets and how do you think that should be addressed i think it will be a matter of slow. adjustment of a number of different economic regions and it's important that those issues are addressed so what do you think would be the specific solution how do you think that should be tackled specifically with greece you know the issue that's on everyone's agenda right now. what do you think is the best solution in that particular case

and does seem like somebody would have to take the loss who do you think it should be clearly the very significant problems in the greek economy and a lot of progress has been made there are a number of adjustments that have to be made i think it's also worth remembering greece is pretty small part of the total european in terms of its economic significance. but it's important actually whether it's greece or any other country that the that the market is internationally competitive one of the most important things for the european union to be doing is constantly benchmarking its competitiveness against the wider world because we live in a globalizing. market where you can't as it were opt out of looking out whether you are competitive or not on a global scene where you're seeing the rise of faster growing markets including russia which is why i'm here because the opportunities for british businesses i mentioned before the five percent of exports at the moment to go to the euro zone we need to diversify that in the years to come not least because the fast growth is going to be outside of the european union in places like russia as well as india

china brazil indonesia and so on so how do you see your relationship with russia developing well extremely encouraged by the way in which the trade and investment relationship with russia is developing we've seen british exports grow rather rapidly both in twenty eleven and continued into this year twenty twelve i think there's more to come one of my reasons for being here is that i brought with me a delegation of british businesses and these are medium sized businesses they're not large household names and they're not very small businesses they're medium sized businesses who are in the context of the british economy economy create so much of the growth the employment and are so central to the sustainable growth strategy and it's important that we encourage them to be looking at opportunities in international markets and i believe russia is a very exciting prospect for all it does seem some of the life some of the russian businessman are already looking at some opportunities in the u.k. . and in particular of course a lot of the russian you know the super rich the so-called tycoons they're taking

advantage of the british court system as we know too oftentimes to their benefit they seem to be resolving their disputes and just recently the london mayor boris johnson fact and heard just these russian oligarchs to come to london to resolve their legal matters what's your take on the whole i believe that russian investment interest in britain is growing i think it's good that it's growing from the point of the bridge economy we welcome foreign direct investment from whatever source and it's clearly the case that the been a number of russian investments made in the london real estate market football clubs of course famously i'd like to see more russian investment in other sectors of the economy too and what do you think about british direct investment in russia how do you see about growing well i would like to see that grow now britain is already a very significant investor in russia we in fact the third largest foreign director of investor in russia much of that has to do with the oil and gas sector i'd like

to see that brought out again part of the reason for having businesses with me on this visit is to encourage them to look at the opportunities just the presentation for example is coca where i think there are potential areas of interest a whole number of british companies and also educational institutions or speaking of the oil and gas sector there's been a lot of talk about b.p. potentially teaming up with gazprom to build a pipeline from russia to the u.k. to deliver russian gals that would be a very significant deal in the oil and gas outright years which is a commercial. discussion between b.p. and gas problem from the point of a bridge energy policy what we care about is diversity of sources of energy generation and we're paying a lot of attention to renewables energy a lot of tension to nuclear power to gas we want to make sure the sources of. supply are good and diversify because of who we think that's what makes sense for

the long term interests of the british economy i know you have a lot of experience in banking one of the issues that we hear more and more about is the fact that it's the banking sector that's to blame or partially to blame for the current state of the of the global economy and in fact some of the people say that it's the lack of regulations that's really to blame what do you have to say to to about what i think the banking sector was partly to blame for for for the financial economic crisis. the very complex background to it was no doubt the banking activity trading activity played a significant part of the long welcome part in the way in which the excesses were generated and i do think there are many lessons to be learned one of which is about regulation there was probably too little regulation since over the last four years regulatory hansoms to be very significant was much more attention paid to the amount of capital banks have to hold or the amount of liquidity that they have to

hold in the case of britain we have segregated or in the process of segregating retail banking activity from investment banking activity because we believe that leads to a more robust system is very important we learn the lessons it is of course also important to know that no economy in the world can do without profitable robust banks providing credit to the real economy here just recently i spoke to a famous rogue trader who brought brought down the bearings in the ninety's and he said that actually the regulators are just as bad now as they were twenty years ago for example what do you have to say to that and i don't agree with that at all thank you very much sir thanks for your time thank you. he is under siege for. destruction without missing.

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a few european bodybuilders against millions of weak immigrants. her. age may not seem so serious now. this could be a real threat to more. european extremists. on policy wealthy british style. that's not on the tightly. markets why not canada. find out what's really happening to the global economy which makes kaiser for a no holds barred look at the global financial headlines tune into kinds a report on our.

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